Western experience with Russia suggests Washington's efforts to force a change of behaviour are unlikely to succeed, even if the measures remain in place for years.
US move finds no supporters as France, Germany & UK said they remained committed to the 2015 deal that eased sanctions in return for restrictions on Iran’s nuclear program.
Modi govt does not appear to recognise that international politics is spiralling towards a ‘soft war’ where all issues are linked to security and political interests.
India is unable to develop the Chabahar-Zahedan rail link under the second phase of the project due to US sanctions. Iran says there's ‘no limit’ to its relations with New Delhi.
China is likely to object strongly to the sanctions. However, it's unlikely to have a major impact on those targeted as there’s faint chances of them having financial ties with US.
Global banks could also be at risk from the new sanctions since Chinese officials, their relatives and associates may also be their customers, analysts said.
Given Iran's longstanding ambitions for dominance of Middle East, its trade revenues would have gone into military spending in absence of economic sanctions
The fund allocation for Chabahar Port in Iran, which India is developing, was slashed by more than half to Rs 45 crore from Rs 150 crore in this Union Budget.
New Delhi: During Operation Sindoor, the United States which had received intelligence suggesting that India had launched BrahMos cruise missiles to strike targets inside...
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